AirWallex Fully Verified Accounts

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Airwallex, a fintech enterprise that provides virtual business accounts and global payment solutions for international small and medium-sized businesses, originated in Melbourne, Australia, in 2015.

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The company, founded by CEO Jack Zhang, along with Jacob Dai, Lucy Liu, and Max Li, has since expanded its presence to countries such as Hong Kong, Singapore, and the US.

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Having Tencent, a prominent Chinese multinational technology and entertainment conglomerate, as a major supporter, Airwallex has garnered significant funding. By December 2022, the company raised USD 902 million through 12 funding rounds involving 22 investors.

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In assessing the suitability of an Airwallex business account, especially in comparison to traditional bank accounts, it’s worth considering the evolving landscape of fintech services, which offer tailored solutions for international operations.

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The revenue model for Airwallex, like many other payment fintech firms, revolves around generating fees tied to the transactions conducted by their clientele.